Export Decline: −13.34% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 5104 have declined at a compound annual rate of −13.34% over 7 fiscal years, falling from ₹2.29 Crore in FY 2018-19 to ₹0.97 Crore in FY 2024-25.
HSN Sub Chapter 5104 represents Garnetted wool stock under GST classification. This code helps businesses identify Garnetted wool stock correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 5104, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Garnetted wool stock.
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GST Rate for Garnetted wool stock under HSN Code 5104. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Garnetted wool stock.
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25< ₹1 Crore
0.0000% of India’s total imports
Trade Balance
FY 2024-25< ₹1 Crore
Surplus rank #511 of 1233 subchapters
% of Chapter 51
FY 2024-250.08%
Share of Chapter 51’s total exports in FY 2024-25
Import side: 0.00% of Chapter 51’s imports
Rank Within Chapter 51
FY 2024-25#10 of 13
Position by export value among subchapters in Chapter 51
Import-side rank: #12 of 13
At a glance
−13.34%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1141
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+244.66%
Peak Growth Year
FY 2022-23 · strongest single-year move
0.08%
Contribution to Ch. 51
Share of Chapter 51 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+2.29
Exports
2.29 ₹ Cr
0.0001% share
— YoY
0.16% of Ch. 51
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Ch. 51
Balance
—
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−80.79% YoY
0.04% of Ch. 51
Imports
— ₹ Cr
— share
— YoY
— of Ch. 51
Balance
+1.06
Exports
1.26 ₹ Cr
0.0001% share
+186.36% YoY
0.19% of Ch. 51
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.02% of Ch. 51
Balance
+1.03
Exports
1.03 ₹ Cr
0.0000% share
−18.25% YoY
0.10% of Ch. 51
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Ch. 51
Balance
+3.51
Exports
3.55 ₹ Cr
0.0001% share
+244.66% YoY
0.26% of Ch. 51
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.00% of Ch. 51
Balance
+1.48
Exports
1.63 ₹ Cr
0.0000% share
−54.08% YoY
0.12% of Ch. 51
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+275.00% YoY
0.01% of Ch. 51
Balance
+0.96
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−40.49% YoY
0.08% of Ch. 51
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−93.33% YoY
0.00% of Ch. 51
CAGR · 7-Year
Exports
−13.34% /yr
Imports
—
reference, FY 2024-25
Export
₹1,142.39 Cr
Import
₹2,468.85 Cr
Trade Balance
−1,326.46
India's exports under HSN Sub-Chapter 5104 have declined at a compound annual rate of −13.34% over 7 fiscal years, falling from ₹2.29 Crore in FY 2018-19 to ₹0.97 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 5104 ranks #1141 out of 1233 subchapters by total export value. Within Chapter 51, it ranks #10 of 13. By trade surplus, it ranks #511 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 5104 was recorded in FY 2022-23, when exports surged by 244.66% over the prior year.
In FY 2024-25, India's exports of ₹0.97 Cr exceeded imports of ₹0.01 Cr, resulting in a trade surplus of ₹0.96 Crore — ranking #511 of 1233 by surplus magnitude.
Among the 13 subchapters under Chapter 51, HSN Sub-Chapter 5104 ranks #10 by export value — accounting for 0.08% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #12).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Sub Chapter 5104 and GST compliance.
It includes Garnetted wool stock
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Garnetted wool stock are forward charge. Check the current notifications for any special cases before deciding.
Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.
Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.
Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.
Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.
Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.